USD 1.83 Billion Singapore Mega Port Project Kicks Off
The Maritime and Port Authority of Singapore (MPA) and the Dredging International Asia Pacific-Daelim Joint Venture (DDJV) signed the contract for the USD 1.83 billion Tuas Terminal Phase 1 Reclamation, Wharf Construction and Dredging Project.
The Tuas Terminal Phase 1 project entails the construction of a new port terminal with 20 deep-water berths having a total capacity of 20 million twenty-foot equivalent units (TEUs) per annum.
DDJV will be responsible for the erection of an 8.6-kilometre quay wall and its foundation, the dredging of the fairway and basins, as well as the reclamation of 294 hectares of new land.
The entire project is expected to complete within six years.